Lassonde Industries Inc (TSE:LAS) Declares $1.00 Quarterly Dividend

Lassonde Industries Inc (TSE:LAS) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Wednesday, November 20th will be paid a dividend of 1.00 per share on Friday, December 13th. This represents a $4.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, November 20th.

Lassonde Industries Price Performance

Lassonde Industries has a one year low of C$209.50 and a one year high of C$269.18.

Lassonde Industries (TSE:LAS) last announced its earnings results on Thursday, August 8th. The company reported C$5.73 earnings per share for the quarter, beating analysts’ consensus estimates of C$3.77 by C$1.96. The company had revenue of C$624.70 million for the quarter, compared to analysts’ expectations of C$599.15 million.

Analyst Upgrades and Downgrades

Separately, Stifel Canada raised Lassonde Industries to a “strong-buy” rating in a report on Tuesday, October 22nd.

About Lassonde Industries

Lassonde Industries Inc is a Canada-based company, which develops, manufactures and markets a range of ready-to-drink fruit and vegetable juices and drinks. The Company is a producer of store brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The Company operates in two market segments: the retail segment and the food service segment.